For online purchase, we will deduct from your credit card once we have approved the application.
If you have chosen to pay by credit card but the online application has not been fully approved, we will only capture your credit card token. We will only deduct from your credit card when the application is fully approved or if you have accepted our counter-offer.
After policy issuance
(A) For Singapore Life policy
Premiums will be deducted from your credit card on each premium due date. However, if the premium due fall on weekends or Public Holidays, the deduction will be made on the working days prior not on the actual premium due date.
Next premium due: 11 Mar 2019 (Monday)
Next premium deduction date: 10 Mar 2019 (Sunday)
Creditcard deduction date: 8 Mar 2019 (Fri)
(B) For Zurich Life policy
Premiums will be deducted from your credit card on either 2nd or 15th of the month, depending on your premium due date.